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Organizations Water and Power Community Credit Union

Water and Power Community Credit Union

Fiscal year ending 2022. Filed on October 31, 2023.

1053 West Sunset Blvd
Los Angeles, California 90012

Water and Power Community Credit Union (EIN: 95-0952237) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Water and Power Community Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 11 out of 142 total employees. Among the employees shown here, the average compensation is $230,807. The highest compensated employee at Water and Power Community Credit Union is Mike Tufegdzich with fiscal year 2022 compensation of $392,836.

Revenue, expenses, and employee compensation

Revenue

$41,011,764

Expenses

$34,627,524

Employee compensation

$13,208,885
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mike Tufegdzich
Chief Executive Officer
$392,836
$368,531 No related comp$24,305
Barry Roach
Ceo(Former)
$366,669
$351,850 No related comp$14,819
Felipe Castaneda
Chief Financial Officer
$261,012
$243,667 No related comp$17,345
Celeste Zibelli
Vice President of Markerting and Financial Services
$258,088
$227,552 No related comp$30,536
Patrice Mustafa
Chief Operating Officer
$238,087
$220,065 No related comp$18,022
Jaime Vasquez
Vice President, Information Technology
$185,621
$174,967 No related comp$10,654
Italo Alvarado
RE LOAN Officer
$176,706
$148,970 No related comp$27,736
David Covell
Vice President, Information Technology
$165,665
$145,608 No related comp$20,057
Luis Robles
Treasurer
$165,483
$139,679 No related comp$25,804
Fadwa Knox
Director Lending
$165,038
$147,076 No related comp$17,962
Kenneth Michael
Senior Manager Network Security
$163,669
$138,742 No related comp$24,927

Benchmark Employee Compensation

Non-Employee Board Members

Belinda Walker
Board Treasurer
Brian Lam
Board Member
Craig Luna
Board Second Vice Chair
Cynthia Meekins
Supervisory Committee Member
Gerard Watson
Assistant Secretary
Gladys Berry
Board Secretary
Nora Yusa
Board Chair
Salvador Mancilla
SUPV CMTE VICE Chairperson
Steven Starks
Supervisory Committee Member
Theron Rucker
Supervisory Committee Chairperson
Venest Henry-Evans
Board First Vice Chair
Wing Wong
Supervisory Committee Member

Contractors

Upstart Network Inc.
Cloud
$2,726,132
Alkami
Cloud
$705,139
Business Data Inc.
Web Print Mail and Archive Channels
$677,120
Jack Henry & Associates
Financial
$627,332
Cigna -Chlic-Chicago
Health Care Provider
$419,734

Mission Statement

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT ANDSAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, WATER & POWER COMMUNITY CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITSMEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Revisions to this organization profile

November 4, 2025:
2024 Water and Power Community Credit Union 990 filed
October 2, 2024:
2023 Water and Power Community Credit Union 990 filed
October 31, 2023:
2022 Water and Power Community Credit Union 990 filed

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